Spain has invested more than any other European country in renewable energy in recent years. The investment has been in both solar and wind power, along with existing hydro resources. This investment is paying off, and helping to reduce Spain's carbon footprint, as well as creating thousands of green jobs. On a good day (windy and sunny) Spain can currently produce over 50% of its electricity needs from renewables. This figure is set to rise dramatically in the coming months and years, as new solar and wind comes online. Spanish companies are also at the forefront of research and development in harnessing solar energy.